XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Condensed Consolidated Statements Of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 30, 2018
Mar. 31, 2017
Revenue:    
Product $ 497.8 $ 409.6 [1]
Service 128.8 106.6 [1]
Subscription 115.6 94.4 [1]
Total revenue 742.2 610.6 [1],[2],[3]
Cost of sales:    
Product 235.4 193.4 [1]
Service 59.6 47.0 [1]
Subscription 27.9 26.9 [1]
Amortization of purchased intangible assets 23.1 19.0 [1]
Total cost of sales 346.0 286.3 [1]
Gross margin 396.2 324.3 [1]
Operating expense:    
Research and development 109.3 88.7 [1]
Sales and marketing 122.1 94.4 [1]
General and administrative 81.6 69.3 [1]
Restructuring charges 1.6 2.9 [1]
Amortization of purchased intangible assets 17.4 14.3 [1]
Total operating expense 332.0 269.6 [1]
Operating income 64.2 54.7 [1],[4]
Non-operating income, net:    
Interest expense, net (9.5) (6.1) [1]
Foreign currency transaction gain, net 3.7 1.4 [1]
Income from equity method investments, net 4.9 4.2 [1]
Other income, net 3.4 9.5 [1]
Total non-operating income, net 2.5 9.0 [1],[4]
Income before taxes 66.7 63.7 [1],[4]
Income tax provision 8.0 13.9 [1]
Net income 58.7 49.8 [1],[5],[6]
Net gain attributable to noncontrolling interests 0.2 0.0 [5]
Net income attributable to Trimble Inc. $ 58.5 $ 49.8 [1]
Basic earnings per share $ 0.24 $ 0.20 [1]
Shares used in calculating basic earnings per share 248.8 252.0 [1]
Diluted earnings per share $ 0.23 $ 0.19 [1]
Shares used in calculating diluted earnings per share 253.2 255.9 [1]
[1] See Note 2 for a summary of adjustments
[2] Adjusted to reflect adoption of the new revenue recognition standard, Revenue from Contracts with Customers. For further information, see Note 2.
[3] See Note 2 for a summary of adjustments
[4] See Note 2 for a summary of adjustments
[5] See Note 2 for a summary of adjustments
[6] See Note 2 for a summary of adjustments